HAGALE JAMES TYSON 4

What Happened
James Hagale, EVP and President – Bedding Products at Leggett & Platt, disposed of 4,415 shares on March 2, 2026. The shares were recorded at $11.50 each, for a total value of $50,773. The Form 4 lists the transaction code F, indicating the shares were used to pay the exercise price or satisfy tax withholding related to an equity award or option exercise — a routine, administrative disposition rather than an open-market sale for investment reasons.

Key Details

• Transaction date: 2026-03-02; Price per share: $11.50; Total value: $50,773.
• Transaction code: F (payment of exercise price or tax liability / tax withholding).
• Shares owned after the transaction: not specified in the excerpt provided.
• Filing date: 2026-03-03 (filed one day after the reported transaction) — appears timely.
• No 10b5-1 plan or other special instruction noted in the information provided.

Context
Code F typically means the company withheld or disposed of shares to satisfy tax obligations from an option exercise or award (a cashless or net share settlement). These withholding transactions are common and generally viewed as administrative, not a signal of insider sentiment about the company’s stock.